God of Rebirth Trader

Chapter 94: Breaking through the support level

"Have the statistics been compiled?"

Jones frowned, anxiously waiting for the results.

The Hang Seng Index rose sharply in late trading, reaching 7,500 points again, which caught them off guard. Some short orders were too late to close, causing previous profits to be taken away.

Now they want to calculate how much money the Hong Kong government spent to rescue the market in the last fifteen minutes, and how much was proactive buying.

"About...about HK$80 billion!"

A trader wrote down several sets of formulas on paper and finally came to this conclusion.

Not long after, all the financial institutions on Wall Street also calculated this shocking data.

In the fifteen minutes before the Hong Kong stock market closed at noon, the trading volume reached more than HK$80 billion!

On average, more than 5 billion worth of stocks change hands every minute, which is equivalent to a medium-sized listed company.

The Chinese institutions acted too quickly, causing the selling orders they placed at the market to be wiped out before they had time to withdraw.

Many of these are "support orders" they use to create panic!

Generally speaking, it is much more difficult to go short than to go long.

To go long, you only need to have enough money and buy and buy to push up the stock price.

As for short selling, your chips are rationed, and you don't just have to throw as much as you want.

You need to find the right time to sell the chips in your hands intensively and cause violent shocks in the market, so that you can make a profit.

If you polish off all the chips you hold and haven't brought down the stock price, then you have completely lost.

"Based on the current market price, how much market value do we have in Hong Kong stocks?" Jones then asked.

"About 120 billion Hong Kong dollars." The trader asked a few people next to him and made another statistics.

"Okay, just keep staring and I will inform you of the next step soon."

After Jones finished speaking, he hurriedly turned around and walked towards Soros' office.

They are not the only institution on Wall Street that is short selling, and Quantum Fund is just the one holding the most chips.

"George, if the Hong Kong government continues to buy this afternoon, what will we do?"

Military adviser Drucken Miller was a little anxious. He did not expect that China, behind the Hong Kong government, would use so much money to enter the market to protect the market.

He was a little uneasy, if China had a back-up plan...

"If this consumption continues, we will definitely lose!"

Soros is also aware of this problem. With the support of China, the defense of the Hong Kong stock market is too strong.

The buying orders during the trading period are extremely powerful, and the huge amount of money turns into a series of numbers, which makes people dizzy.

As for the foreign exchange market, it is even more impossible. Hong Kong’s foreign exchange reserves are the fourth in the world.

Coupled with China's support, it is impossible to shake it.

Do we really want to retreat?

Soros leaned back on the leather chair and thought quietly.

at this time.

Jones rushed in hurriedly, his face couldn't stop being excited.

"The top leaders of Mauritius and Russia have just announced that they will abandon the floating exchange rate, and the "Ruble Defense War" has been declared a failure!"

“Is the source reliable?!”

When Soros heard the news, his eyes lit up.

Unexpectedly, just as he was about to doze off, someone brought him a pillow.

Now that your Hong Kong government has entered the water, only the small fish and the big fish have been taken away.

"Notify Wall Street institutions that hold Hong Kong stocks that I have important plans to discuss with them!"

Facing the Xiangjiang Fortress that could not be conquered for a long time, Soros decided to make a desperate move and fight to the death!

.....

The defeat of the Mauritius-Russia currency market has made the morale of international hot money unprecedentedly high.

They are already determined to win Xiangjiang!

This unfavorable news spread back to Xiangjiang.

Rumors are sweeping again: the Hang Seng Index will fall below 4,000 points soon!

Once the Hang Seng Index falls below 4,000 points, it means that two-thirds of the wealth in the entire Hong Kong will evaporate, and almost every family in Hong Kong will go bankrupt.

China's top executives also delivered an important speech on the noon news: They will ensure that Hong Kong's status as Asia's financial center will never be shaken at all costs!

Once Xiangjiang is defeated, China, which has lost its third largest international financial center, will have nothing to say in the world financial arena!

Inside the Hong Kong Monetary Authority.

Liang Zhaomin had no water at all from morning to noon.

He is also anxiously waiting for the specific transaction results.

"Director, we spent 150 billion to scan goods this morning, and other Chinese-funded institutions probably entered the market with more than 80 billion."

"sure?"

Liang Zhaomin was a little bitter. The amount of goods they swept was almost the same as the transaction volume of HK$231.7 billion.

Unexpectedly, they were the only ones buying stocks in the entire market.

Plus now, news of the collapse of the Russian ruble has arrived.

The Hong Kong stock market has reached a critical moment of life and death.

....

Inside the Sanatorium and Hospital.

The TV is reporting the news of the failure of the defense of the Russian ruble.

Chen Weidong sighed.

Sure enough, what is supposed to come will still come.

Although it has been several years since he came to this era, many things still follow the original historical line.

The only difference caused by the butterfly effect is probably that international hot money has become stronger.

The Hong Kong government will most likely be unable to resist.

"Awei, in this case, do you still want to enter the market?"

Lin Zeju didn't expect that during the lunch break, bad news would break out in the market. Sure enough, the stock market was too dangerous.

"of course yes!"

Chen Weidong said firmly.

Then he took out his mobile phone and made a call.

....

Chen Jie, Feng Yiwen and others immediately returned to the trading floor after lunch.

At this time, there was less than ten minutes until the opening.

Chen Jie was surprised to find that there were many more people sitting on the right side. They did not speak, but just looked at him with a smile.

This made Chen Jie feel "flattered".

But he didn't care, maybe he was his fan?

It's normal to come here to watch the game.

13:00.

The bell in the Stock Exchange rang and the stock market opened again.

Affected by the negative impact of the collapse of the Russian ruble, a large number of selling orders poured into the market at the moment the market opened.

The Hang Seng Index fell slightly.

The Hong Kong Monetary Authority accepted all these selling orders and firmly pushed the index above 7,500 points.

13:30 minutes.

The turnover in half an hour was 37 billion.

The fighting situation was not very intense compared to that in the morning, and the Hong Kong Monetary Authority could still maintain it.

However.

Just when everyone secretly breathed a sigh of relief.

Hang Seng Branch, 23 blue-chip listed companies, suddenly issued a huge sell order of 18 million lots within a few minutes, catching the buyer off guard.

Stocks equivalent to a market value of 67.9 billion were directly smashed out!

Market shock!

There was a gap in the trading market of many blue-chip stocks, and there was no matching of stocks.

The Hang Seng Index was quickly broken down, falling more than 70 points.

Short sellers on the Stock Exchange cheered.

"sell!"

“The Hang Seng Index has been gapped!”

"Quick! Add 100,000 short positions immediately!"

Quantum Fund launched a fierce counterattack, and all short-selling institutions seemed to have received a signal to start the meeting.

"The market will break 5,000 points today!"

The Hang Seng Index fell in response and plummeted.

The roaring sea.

Sporadic buy orders appear at the market opening, and are instantly washed away and annihilated.

"Old Feng, take action!"

"I beg you!"

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